View Unit : Comply with business legal requirements

Unit

Unit Reference Number

M/500/4595

Qualification Framework

QCF

Title

Comply with business legal requirements

Unit Level

Level 2

Unit Sub Level

None

Guided Learning Hours

Unit Credit Value

Date of Withdrawal

SSAs

15.3 Business Management

Unit Grading Structure

Pass

Assessment Guidance

Assessment based on naturally occurring evidence or within a realistic work environment

Learning Outcomes and Assessment Criteria

Learning Outcome - The learner will:		Assessment Criterion - The learner can:
1	Understand how to select a suitable legal status for your business	1.1	Identify different types of legal status for a potential business, using reliable sources of advice, guidance and information
		1.2	Describe how these could affect your business in terms of its costs, customers and suppliers, taxation and insurance
		1.3	Select an appropriate legal status for your business
2	Understand the legal requirements of setting up your business	2.1	Identify any potential legal requirements and liabilities that might affect your business, such as taxation and insurance
		2.2	Describe ways in which these liabilities might impact on your business
		2.3	Identify what help is available when complying with legal requirements

Equivalent Units

There are no equivalences to display.